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Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Gross-Profit-to-Asset % : 10.72% (As of Dec. 2023)


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What is Algonquin Power & Utilities Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Algonquin Power & Utilities's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$2,626.64 Mil. Algonquin Power & Utilities's average Total Assets over the quarter that ended in Dec. 2023 was C$24,491.49 Mil. Therefore, Algonquin Power & Utilities's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 10.72%.


Algonquin Power & Utilities Gross-Profit-to-Asset % Historical Data

The historical data trend for Algonquin Power & Utilities's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Algonquin Power & Utilities Gross-Profit-to-Asset % Chart

Algonquin Power & Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.54 10.44 10.39 11.35 10.83

Algonquin Power & Utilities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.08 11.37 10.67 10.85 10.72

Competitive Comparison of Algonquin Power & Utilities's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Algonquin Power & Utilities's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Algonquin Power & Utilities's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Gross-Profit-to-Asset % falls into.



Algonquin Power & Utilities Gross-Profit-to-Asset % Calculation

Algonquin Power & Utilities's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2632.313/( (23947.112+24650.506)/ 2 )
=2632.313/24298.809
=10.83 %

Algonquin Power & Utilities's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2626.64/( (24332.481+24650.506)/ 2 )
=2626.64/24491.4935
=10.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Algonquin Power & Utilities Gross-Profit-to-Asset % Related Terms

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Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Business Description

Address
354 Davis Road, Oakville, ON, CAN, L6J 2X1
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Headlines

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